GreekIslandGirl wrote:Get Real! wrote:GreekIslandGirl wrote:So the bulk is from IMF/World and European banks. How is that distribution significant? Is it different to how other European countries obtain their loans (apart from money-forging UK, of course)?
I’m not suggesting it’s any different to debt accrued by other countries but RH painted a rosy picture of the lenders only being French, Italian, and German banks and therefore no big deal in refraining from paying them but it turns out that the French, Italian, and German banks have made the smallest loans to Greece.
The real picture is a lot more serious because it doesn’t just involve loans from commercial institutions (civil court matters) but also from global bodies like the IMF and sovereign nations, which can lead to political ramifications.
If this continues long enough it may be seen by international bodies like the UN that the Tsirpas government is a rogue leadership intentionally holding back the nation from tending to its legal obligations and duties thereby hampering order and progress and jeopardizing the nation as a whole, which may lead to international arrest warrants (Interpol) issued for the Tsirpas crew and a puppet government installed in Greece by the international community.
That's fine - Greece contributes to the IMF anyway. But for the moment, Tsipras is not withholding ANY payments. They have till the end of the month not yesterday or today as the propaganda suggest. They're all face-saving, Tsipras leaving it till the last minute until they reach the much-needed compromise to slow down the austerity measures which are not helping anyone. Meanwhile, the banks are making even more money. Delays or no delays. They don't lose - unless someone breaks this cycle! It only helps the banks. Why are we stuck in this madness?
The only ace Tsipras holds which previous Greek governments didn't have is Putin. He almost came to the table with Merkel thanks to Christofias and then the USA managed to drive another stake through that bit of progress. And look what happened to Cyprus as soon as we lost Christofias-Putin. Hopefully, this government realises that significant partnership enough to continue to stay close to Russia.
Imagine an EU-Russia super-state - that's what the USA is trying to prevent. For sure, World War II never ended ...
The propaganda is actually fact.
Greece withheld a oayment which was due on Friday worth 300 million. They actually asked for permission and received it but it is in a pretty special club now as only Greece and some African countries like Zambia and Zimbabwe have ever done this. This is an indication of how dire the situation is.
The EU don't want anything to do with Russia. They still have sanctions against them. So there goes that pipe dream of the Euro superstate. You might want to ask the Russians too because the last thing they would want is to bleed themselves dry considering the current state of affairs. Remember, they are actually quite a powerful country and their economy is developing so I don't think they would be interested.
Oh and BTW. Rather than politicize this into something it's not, the USA has been Greece's biggest supporter. Why? Well, these times are unprecedented and quite dangerous, so they are shit scared themselves. They want an agreement and they have been lobbying the Germans to accommodate some of the Greek demands.
So it seems a Greek/USA alliance is just as likely using your flawed logic. They certainly are not driving any stakes anywhere. They have been 10 times more reasonable than Greece's EU "partners".
Surprised?